Question

a) Utility represented pleasure while disutility indicated pain
b) Utility can be experienced; it cannot measured

• A. Both (a) and (b) are true
• B. (a) is true, but (b) is false
• C. (a) is false, but (b) is true
• D. Both (a) and (b) are false

Answer 1

The correct option is A Both (a) and (b) are true

a)True. Utility represented pleasure while disutility indicated pain. As this happens when we consume something we derive pleasure and utility but after continuous consumption it becomes a displeasure and pain also called disutility.

b) True. Utility cannot be measured objectively: It is a feeling and thus cannot be measured in numerical terms. It is the experience obtained by consuming or doing something.